Sensors to benefit from shift to better automation
June 26, 2012 // Nick Flaherty
New and expanding applications, coupled with the shift to enhanced automation processes and controls, are restoring growth to the global market for proximity and displacement sensors according to new figures from Frost & Sullivan
The report - Analysis of the Proximity and Displacement Sensors Markets - finds that the market for inductive, photoelectric, capacitive, magnetic, ultrasonic and LVDT sensors reached $2.427.5bn in 2011 after negative growth rates in 2009 and estimates the marke to reach $3.048bn in 2018.
“The need for better automation is expected to allow for the conversion from older and less sophisticated controls to state-of-the-art automation,” said V. Sankaranarayanan, Senior Industry Analyst at Frost & Sullivan. “As a result, the number and range of sensors used in equipment is increasing.”
Due to the rising sophistication in manufacturing processes, end-users are demanding more functionality from proximity sensors. Advanced network technologies (CompoNet and IO-Link) and diagnostic capabilities are some of the technical advancements that are also anticipated to boost market prospects.
Growth in mature markets such as Western Europe and North America is expected to be slow. The potential for further growth is limited, as most industrial processes are already using proximity and displacement sensors. In contrast, Asia is becoming progressively more important due to surging production and automation.
“Production in emerging economies, such as China and India, is becoming increasingly automated,” said Sankaranarayanan. “Robust economic growth in these regions is expected fuel the demand for proximity and displacement sensors.”
Proximity sensors find application in almost every industry due to the importance of feedback, underlining the widespread consumer demand for them. In addition to China and India, growth opportunities are also surfacing in other smaller Asian countries that have embarked on a path of economic development.
Keys to success will be emerging network technologies, solutions instead of products, regional growth markets and a successful distribution strategy.
“It is important to offer more than just a sensor; market participants will have to focus on providing complete solutions,” said Sankaranarayanan. “Price pressures will continue to pose a challenge, so vendors will need to constantly advance on the technological front.”
Porsche connects infotainment to cloud with HTML5
April 16, 2014
For some time, HTML5 is regarded as a kind of Swiss Army knife for automotive infotainment developers. Car manufacturer Porsche ...
Anglia signs with DEM Manufacturing
RFMW Ltd to distribute Aviacommís transceivers
Sensors, actuators market on 11% CAGR to 2018
Additional conference complements Sensor + Test trade fair
End of Windows XP boosted 1Q14 PC sales, says Gartner
April 15, 2014
The long-running decline of the desktop and notebook PC market, as consumers tend to buy and use lighter, more mobile, tablet ...
Global HB LED market set to shine by 2018
Chinese smartphone maker undercuts western companies
Materials interfaces pave way to solar cell gains
- USB 5V 2.5A Output, 42V Input Synchronous Buck with Cable Drop Compensation
- Measurement applications across multiple test platforms
- Supplying DC input power to string inverters
- Supplying DC input power for HEV testing
InterviewHeartbleed challenges the Internet of Thing
The Heartbleed security bug is a key example of the fundamental security challenge for the Internet of Things says Green Hills Software as it launches a new security group.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Arrow Electronics is giving away ten XMC1200 lighting application kits, worth 100 Euros each, for EETimes Europe's readers to win.
Each kit combines Infineon’s brightness and colour control XMC1200 CPU board to drive flicker free LED dimming and colour changing, together with a colour LED card and a white LED card.
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.